Comment on Digital pound should not be considered until risks addressed, MPs warn

• Hossenfeffer@feddit.uk ⁨11⁩ ⁨months⁩ ago

  Are you able to summarise the problems?

  1. “the state being able to track every transaction you make”
  2. “[the state being able to] devalue [a digital pound] at will”
  3. “[the state being able to] charge negative interest rates to encourage spending to boost ‘the economy’”.

  I hope that helps!

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• Opafi@feddit.de ⁨11⁩ ⁨months⁩ ago

  I think he just did.

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  • mannycalavera@feddit.uk ⁨11⁩ ⁨months⁩ ago

    I was hoping for a bit more than a general assertion of “bad things will happen” 🤷

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    • teft@startrek.website ⁨11⁩ ⁨months⁩ ago

      He listed three problems with it. I don’t see a general assertion of anything in his comment.

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      • mannycalavera@feddit.uk ⁨11⁩ ⁨months⁩ ago

        Christ why is this so hard, I’m not trying to be obtuse? They listed three things that are statements without explanation of how they might come about other than that he’s stated them. I could state three random things too.

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